Question: Could use some help with Task 2 on R studio! A screen shot of the console info and steps would be helpful! Task 2 :
Could use some help with Task 2 on R studio! A screen shot of the console info and steps would be helpful!
Task 2: Write, test, and submit the necessary code in R to accomplish the following:
Install actuar package and load the actuar package.
1. Generate 51 random numbers in a Pareto distribution and assign them to a variable called FSApops. ** shape and scale arguments will be explained in 2.
2. Specify a scale and a shape for your Pareto distribution that makes it as similar as possible to the actual distribution of state populations on page 90 of the textbook.
3. Create a histogram that shows the distribution of values in FSApops.
4. Use a command to report the actual mean and standard deviation of the 51 values stored in FSApops.
5. Use a command to report the minimum and maximum value of FSApops.
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